CONTENTS
File 1 91k Adobe Acrobat pdf file	Executive Board and Senior Officers Letter of Transmittal Overview Against Background of Increasing Globalization, Fund Acts to Review Surveillance Operations, Consider Adding Capital Account Liberalization as a Goal, Address Problems of Heavily Indebted Countries
File 2 200k Adobe Acrobat pdf file	Part I. The Global Economy Main Developments in the World Economy Economic Activity and Employment Consumer and Commodity Prices Financial and Foreign Exchange Markets External Balances, Financing, and Debt
File 3 60k Adobe Acrobat pdf file	World Economic Outlook Global Situation Advanced Economies Developing Countries Transition Economies Inflation and the Role of Monetary Policy Globalization
	International Capital Markets Capital Flows to Emerging Markets Risk Management Surveillance of Global Financial Markets Role of the Fund
File 4 129k Adobe Acrobat pdf file	Part II. The Fund in 1996/97 Issues in Fund Surveillance Review of Current Practices    Members' Policies in the Context of Surveillance       Interim Committee Declaration       Six-Monthly Review by Board    Biennial Review of Surveillance    Progress in Providing Information to the Fund Evolving Issues in Fund Surveillance    Banking Soundness    Systemic Bank Restructuring and Macroeconomic Policy       Toward a Framework for Sound Banking       Currency Board Arrangements    Capital Account Convertibility and the Role of the Fund    Data Dissemination       Special Data Dissemination Standard       General Data Dissemination System    Role of the Fund in Governance Issues
File 5 132k Adobe Acrobat pdf file	Article IV Consultations Advanced Economies    Major Industrial Countries       United States       Japan       Germany       France       United Kingdom       Italy       Canada    Other Advanced Economies       Greece       Hong Kong, China       Israel       Korea       New Zealand       Spain       Sweden
File 6 176k Adobe Acrobat pdf file	Developing Countries       Algeria       Bangladesh       Benin       Cambodia       Cameroon       Chile       China       Egypt       Ghana       Guatemala       India       Indonesia       Islamic Republic of Iran       Jordan       Kuwait       Malaysia       Mexico       South Africa       Tanzania       Thailand       Uruguay       Republic of Yemen
File 7 48k Adobe Acrobat pdf file	Countries in Transition       Armenia       Azerbaijan       Estonia       Hungary
File 8 107k Adobe Acrobat pdf file	Fund Support of Member Countries Ongoing Programs Member Countries' Use of Fund Facilities       Algeria       Azerbaijan       Benin       Bulgaria       Burkina Faso       Chad       Congo, Republic of the       Côte d'Ivoire       Croatia       Egypt       El Salvador       Estonia       Ethiopia       Georgia       Guinea       Guinea-Bissau       Guyana       Haiti       Jordan       Kazakstan       Kyrgyz Republic       Lao People's Democratic Republic       Latvia       Lesotho       Macedonia, former Yugoslav Republic of       Madagascar       Malawi       Mali       Moldova       Mozambique       Niger       Pakistan       Peru       Romania       Rwanda       Senegal       Tajikistan       Tanzania       Uganda       Ukraine       Venezuela
File 9 42k Adobe Acrobat pdf file	ESAF and the HIPC Initiative Framework for the Continuation of ESAF The HIPC Initiative The Fund's Participation in the HIPC Initiative Use of Fund Reserves First Country Cases Interim Committee Endorsement
	Special Onetime Allocation of SDRs
File 10 121k Adobe Acrobat pdf file	Fund Financial Operations and Policies Membership and Quotas Fund's Liquidity and Borrowing    General Resources    Borrowing Access Policy and Limits on Use of Resources Members' Use of Fund Resources and Credit Outstanding    Stand-By and Extended Arrangements    Special Facilities    SAF and ESAF Fund's Income, Charges, and Burden Sharing Overdue Financial Obligations Progress Under the Strengthened Cooperative Strategy    Prevention    Intensified Collaboration and the Rights Approach    Remedial Measures SDR Transactions and Operations    SDR Valuation and Interest Rate Basket    SDR Transfers    Pattern of SDR Holdings
File 11 66k Adobe Acrobat pdf file	Technical Assistance and Training IMF Institute Fiscal Affairs Department Legal Department Monetary and Exchange Affairs Department Statistics Department Treasurer's Department Bureau of Computing Services
File 12 147k Adobe Acrobat pdf file	Appendices International Reserves
File 13 89k Adobe Acrobat pdf file	Financial Operations and Transactions of the Fund
File 14 188k Adobe Acrobat pdf file	Relations with Other International Organizations
	External Relations
File 15 109k Adobe Acrobat pdf file	Principal Policy Decisions of the Executive Board
	Press Communiqués of the Interim Committee and the Development Committee
File 16 56k Adobe Acrobat pdf file	Executive Directors and Voting Power on April 30, 1997
	Changes in Membership of Executive Board
File 17 84k Adobe Acrobat pdf file	Administrative and Capital Budgets, Staffing, and Organization
File 18 160k Adobe Acrobat pdf file	Financial Statements
File 19 7k Adobe Acrobat pdf file	Glossary of Abbreviations
File 20 228k Adobe Acrobat pdf file	Boxes Board of Governors, Executive Board, Interim Committee,    and Development Committee Revised Country Classification: Advanced Economies Role of EMU in the International Monetary System Interim Committee Declaration on Partnership for Sustainable Global Growth Dissemination Standards Bulletin Board on the Internet Fund Facilities and Policies Group Travel by Executive Directors External Evaluation of ESAF Operational Budget Designation Plan External Evaluation of Technical Assistance in Monetary and Exchange Affairs Fund's Public Web Site Departments of the Fund and Their Major Responsibilities
File 21 279k Adobe Acrobat pdf file	Tables Overview of the World Economy Selected Economies: Current Account Positions Article IV Consultations Concluded in Financial Year 1997 United States: Selected Economic Indicators Japan: Selected Economic Indicators Germany: Selected Economic Indicators France: Selected Economic Indicators United Kingdom: Selected Economic Indicators Italy: Selected Economic Indicators Canada: Selected Economic Indicators Greece: Selected Economic Indicators Hong Kong, China: Selected Economic Indicators Israel: Selected Economic Indicators Korea: Selected Economic Indicators New Zealand: Selected Economic Indicators Spain: Selected Economic Indicators Sweden: Selected Economic Indicators Algeria: Selected Economic Indicators Bangladesh: Selected Economic Indicators Benin: Selected Economic Indicators Cambodia: Selected Economic Indicators Cameroon: Selected Economic Indicators Chile: Selected Economic Indicators China: Selected Economic Indicators Egypt: Selected Economic Indicators Ghana: Selected Economic Indicators Guatemala: Selected Economic Indicators India: Selected Economic Indicators Indonesia: Selected Economic Indicators Islamic Republic of Iran: Selected Economic Indicators Jordan: Selected Economic Indicators Kuwait: Selected Economic Indicators Malaysia: Selected Economic Indicators Mexico: Selected Economic Indicators South Africa: Selected Economic Indicators Tanzania: Selected Economic Indicators Thailand: Selected Economic Indicators Uruguay: Selected Economic Indicators Republic of Yemen: Selected Economic Indicators Armenia: Selected Economic Indicators Azerbaijan: Selected Economic Indicators Estonia: Selected Economic Indicators Hungary: Selected Economic Indicators New Arrangements to Borrow Selected Financial Indicators Arrears to the Fund of Countries with Obligations Overdue by Six Months or More Arrears to the Fund of Countries with Obligations Overdue by Six Months or More, by Type and Duration, as of April 30, 1997 SDR Valuation Basket Transfers of SDRs Technical Assistance Delivery
File 22 237k Adobe Acrobat pdf file	Figures World Indicators Selected Industrial Countries: Real GDP Growth Developing Countries: Real GDP Growth Selected Countries More Advanced in Transition: Inflation Selected Countries Less Advanced in Transition: Inflation Commodity Prices Developing Countries and Countries in Transition: External Debt and Debt Service Fund's Liquidity Ratio, 1983-97 General Resources Purchases and Repurchases, Financial Years Ended April 30, 1983-97 Total Fund Credit Outstanding to Members, Financial Years Ended April 30, 1983-97 Composition of Technical Assistance Estimated Cost of Major Activities, Financial Year 1997 International Monetary Fund: Chart of Organization Financial Years 1996-98 Capital Budget and Five-Year Plan Administrative Expenses, Financial Years 1994-97